The NFIV7 strategy is a trading strategy that aims to generate buy signals based on various conditions. Here's a breakdown of what the strategy does:
populate_indicators: This function populates the indicator values for the given dataframe, including informative 1-hour indicators and normal timeframe indicators. populate_buy_trend: This function determines the buy signals based on a set of conditions.
It first defines two lists, buy_01_protections and buy_02_protections, which represent the protection conditions for buy signals.
a.
buy_01_protections checks conditions related to exponential moving averages (EMA), closing price above EMA, rising moving averages, safe dips, and safe pumps. b. buy_02_protections checks conditions related to EMA, closing price above EMA, rising moving averages, safe dips, and safe pumps. Additionally, it considers the difference between RSI values, MFI (Money Flow Index), and Bollinger Bands. c. buy_03_protections checks conditions related to EMA, closing price above EMA, rising moving averages, safe dips, safe pumps, and the relative value of the closing price to the 1-hour EMA. The logic for each protection is defined using the buy_xx_logic lists. These conditions include comparisons between different indicators such as RSI, MFI, Bollinger Bands, and tail size. After defining the protection and logic conditions, the strategy assigns a buy_xx_trigger value to the dataframe using the logical AND operation on the respective buy_xx_logic lists. The strategy then checks if the individual buy conditions are enabled and appends the respective buy_xx_trigger values to the conditions list. In summary, the NFIV7 strategy uses a combination of different indicators and conditions to generate buy signals based on specific protection and logic rules.